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[유럽증시] Omicron continues to decline amid concerns over

[샌프란시스코=뉴스핌]Correspondent Kim Na-rae = European stock markets closed on a downtrend on the 3rd (local time), ending a week with high volatility.

Frankfurt Stock Exchange, Germany [사진= 로이터 뉴스핌]

The pan-European STOXX 600 index closed at 462.77, down 2.67 points (0.57%) from the previous trading day, and the DAX index of the Frankfurt Stock Exchange in Germany fell 93.13 points (0.61%) to 15,169.98. In addition, the CAC40 index of the Paris stock market in France fell 30.23 points (0.44%) to 6765.52, and the FTSE100 index of the London stock market in the United Kingdom fell 6.89 points (0.10%) to 7122.32.

European stocks opened slightly higher, but ended lower as their gains slowed significantly ahead of the release of monthly US employment data. The pan-European STOXX 600 index rose and fell this week on concerns about the potential impact of the novel coronavirus mutation, Omicron, on the economic recovery.

Craig Elam, chief market analyst at Oanda, told Reuters: “The old adage that markets hate uncertainty and the trader’s experience of buying when it goes down are both at war.”

The number of new jobs in the US last month, which the market was keen on, fell far short of Wall Street expectations. The U.S. Department of Labor reported 210,000 new jobs in the non-farm sector last month. The figure fell far short of expectations of 550,000 economists polled by Reuters. The unemployment rate in November was 4.2%, down 0.4 percentage points from October and below market expectations of 4.5%.

Meanwhile, in the eurozone (19 countries that use the euro), the service sector purchasing managers’ index (PMI) recorded 55.9 in November, lower than the survey value of 56.6. PMI above 50 means economic expansion and below 50 means contraction.

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